Yet, the exchange also moved formally to stem the reaction to the news.
However, Lee stressed that the on-site visitations are "very common" for businesses in China and continued to express an opti... Read More
Overall, the public statements aimed to serve as a reminder to citizens who may be considering the digital currency as an investment, and both quoted a government circular released in 2013 saying that... Read More
Lee told CoinDesk:
Still, local traders indicated that they were not surprised by the news that some margin trading services had been updated, given the longstanding lack of legal clarity under whi... Read More
"The good side of margin trading is it provided additional liquidity to the market, the bad side is it is easy for investors to lose money," he said.
Nonetheless, news spread quickly about the chan... Read More
He doesn’t think the recent adjustments to foreign currency controls will affect Bitcoin price or trading. “Capital controls have been in place in China for a long time, and they have already been... Read More
Bitcoin's Price Slides Below $6.5K to Hit 70-Day Low
The price of bitcoin, the world's largest cryptocurrency by market capitalization, fell to its lowest point since April 1 on Tuesday.
Bitcoin's value slid to $6,455.92 during the afternoon trading
India's Central Bank Stays Mum on Crypto Ban Reasoning
The Reserve Bank of India (RBI) has responded to a query about why it moved to block banks from dealing with cryptocurrency businesses earlier this year – but the reply isn't very telling.
Congressional Bill Calls for Study of Crypto Use in Sex Trafficking
Congress is set to consider yet another proposed mandate for a cryptocurrency study, this time in the area of sex trafficking.
The House of Representatives Financial Services Committee is introduci
No rest for bitcoin traders as wild movements and big milestones often happen on the weekends
For bitcoin traders, key times to buy or sell often come at the least opportune time to be behind a computer monitor: Saturday night. Some of the digital currency's steepest price swings have